What turbotax version should I use for personal taxes? my wife has LLC but has an accountant for that

[sabex007]

My wife has a single person LLC and her accountant does those taxes for her.

She also has W2 income (as do I) and we file jointly. Otherwise, we have a simple tax situation no other income except for stocks.

I plan to do our personal taxes this year but am a little confused if I need the Home & Business version or not.

Last year, her accountant did our personal taxes too (but $900+ feels too much) so I see several forms that I will need guidance with:

7203 S Corporation Shareholder Stock and Debt Basis Limitations

8995 Qualified Business Income Deduction Simplified Computation

It is my hope that the app can guide me where on her business taxes I can get those values.

Thanks for help and guidance.

[Critter-3]

Ok ... your wife's business ... does it file an 1120-S ? 

If so you will need the Premier version if you use the ONLINE program  or  you can use ANY of the Downloaded versions ... Deluxe if you need a state return or Basic if you don't need a state return. 

[VolvoGirl]

Is her LLC a S corp?

If you buy the Desktop CD/Download program you can use any version even Deluxe.  All the Desktop programs have the same forms. You just get more help and guidance in the higher versions. You don't need the Home & Business version.

If you want to use the Online web version you need Premier to enter a K-1 (if she gets one from the business return) and to enter investment income.  You should not need the Online Self Employed version.   

[danyael]

NONE!

DO NOT USE INTUIT software!

FreetaxUSA is what I found to work just find... after having used turbotax since 2004.  The last few years their product has turned into a steaming pile of garbage.  You will thank me later.

[sabex007]

Yes, its an S Corp, 2021 filed an 1120S and a K1

appreciate the help. 

[Critter-3]

If you buy the Desktop CD/Download program you can use any version even Deluxe.  All the Desktop programs have the same forms. You just get more help and guidance in the higher versions. You don't need the Home & Business version.

If you want to use the Online web version you need Premier to enter a K-1 (if she gets one from the business return) and to enter investment income.  You should not need the Online Self Employed version.